Claims about COMEX “draining” silver and forcing custodians into some crisis response don’t match how the exchange actually works. COMEX (part of CME Group) publishes daily and monthly warehouse stock reports publicly at cmegroup.com — anyone can check registered vs. eligible silver inventory directly rather than relying on a video’s framing of “the trap.”

Physical delivery on COMEX futures contracts is a routine, small fraction of total contract volume; most contracts are cash-settled or rolled forward, and warehouse stock levels fluctuate normally with delivery cycles. A genuine, sustained supply shortage would show up in the CFTC’s Commitments of Traders reports and USGS mineral supply data — both public — not just in a single video’s dollar figure.